2022
Flag  
GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$3.16BCURRENT US$
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2012-2022
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GDP GROWTH
173%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$2,358CURRENT US$
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2012-2022
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GDP PC GROWTH
131%CURRENT US$
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About

Spain-Timor-Leste Trade: In 2022, Spain exported $413k to Timor-Leste. The main products that Spain exported to Timor-Leste were Rubber Apparel ($105k), Iron Structures ($33.2k), and Office Machine Parts ($32.4k). Over the past 5 years the exports of Spain to Timor-Leste have increased at an annualized rate of 6.18%, from $306k in 2017 to $413k in 2022.

In 2022, Spain did not export any services to Timor-Leste.

Timor-Leste-Spain Trade: In 2022, Timor-Leste exported $14.2k to Spain. The main products that Timor-Leste exported to Spain were Other Inedible Animal Products ($12.9k), Low-voltage Protection Equipment ($948), and Broadcasting Equipment ($337). Over the past 5 years the exports of Timor-Leste to Spain have increased at an annualized rate of 93.7%,  from $522 in 2017 to $14.2k in 2022.

In 2022, Timor-Leste did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Timor-Leste ranked 170 in total exports ($513M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $413k to Timor-Leste. The main products exported from Spain to Timor-Leste were Rubber Apparel ($105k), Iron Structures ($33.2k), and Office Machine Parts ($32.4k). During the last 5 years the exports of Spain to Timor-Leste have increased at an annualized rate of 6.18%, from $306k in 2017 to $413k in 2022.

In 2017, Timor-Leste exported $14.2k to Spain. The main products exported from Timor-Leste to Spain were Other Inedible Animal Products ($12.9k), Low-voltage Protection Equipment ($948), and Broadcasting Equipment ($337). During the last 5 years the exports of Timor-Leste to Spain have increased at an annualized rate of 93.7%, from $522 in 2022 to $14.2k in 2017.

Exports from Spain (Flag) to Timor-Leste (Flag) (2022)

Exports from Timor-Leste (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Timor-Leste
Top Destination
China$131M

This map shows whether countries import more from Spain or Timor-Leste. Each country is colored based on the difference in imports they receive from Spain and Timor-Leste or the difference in the growth in imports.

In 2022, countries that imported more from Spain than Timor-Leste included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from Timor-Leste than from Spain.

Difference in imports from Timor-Leste (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Timor-Leste

Flow
Scale

This chart compares trade between Spain and Timor-Leste by product, considering products traded by both, Spain and Timor-Leste.

During 2022, Spain had a large net trade with Timor-Leste in the exports of Plastics and Rubbers ($113k), Machines ($71.3k), and Miscellaneous ($55.9k).

During 2017, Timor-Leste had a large net trade with Spain in the exports of Animal Products ($12.9k) and Machines ($1.4k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Timor-Leste. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Timor-Leste. Similarly, a dot/product with the flag of Timor-Leste indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Timor-Leste (Flag) (2022)

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